. >> this is what cities are about. this is what cities do. they put on events. there's lots of energy and electricity and buzz and personally i think it's great there's so much going on in san francisco and the area. >> the city is planning free bike valet parking at major events. a portion of the embarcadero will be dedicated to cyclists. >> you'll bike to your event? >> i'll start tonight. >> baseball, football, fleet week, concerts, the list goes on and america's cup. when we return, we'll meet the youngest skipper to ever win the cup and what he says it will take to defend the title here in san francisco bay. >> i'm marianne favro, property taxes go out in santa clara county this week. coming up i'll explain why some people may get an unwelcome surprise. >>> just ahead, taxpayer money going to elected officials trips and dinners. our investigative unit take a deeper look at where your money is going. this is a lot of food for 4 bucks. yeah... think they made a mistake? i don't know - maybe. the fried cheese melt is back for just 4 bucks. 1 of 4 big 4-dollar